Janus Henderson Group PLC Has $144.81 Million Holdings in HB Fuller Co (FUL)

Janus Henderson Group PLC lowered its stake in shares of HB Fuller Co (NYSE:FUL) by 0.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,802,658 shares of the specialty chemicals company’s stock after selling 6,839 shares during the period. Janus Henderson Group PLC owned 0.06% of HB Fuller worth $144,813,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FUL. Murphy Pohlad Asset Management LLC purchased a new stake in HB Fuller during the second quarter worth $200,000. Balter Liquid Alternatives LLC purchased a new stake in HB Fuller during the second quarter worth $259,000. Jane Street Group LLC purchased a new stake in HB Fuller during the second quarter worth $269,000. SNS Financial Group LLC purchased a new stake in HB Fuller during the second quarter worth $294,000. Finally, D.A. Davidson & CO. lifted its holdings in HB Fuller by 20.0% during the second quarter. D.A. Davidson & CO. now owns 6,000 shares of the specialty chemicals company’s stock worth $322,000 after buying an additional 1,000 shares during the period.

In other news, VP Traci L. Jensen sold 4,129 shares of the stock in a transaction on Tuesday, November 13th. The stock was sold at an average price of $46.01, for a total transaction of $189,975.29. Following the completion of the sale, the vice president now owns 20,997 shares in the company, valued at approximately $966,071.97. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.46% of the company’s stock.

Shares of FUL opened at $46.50 on Friday. HB Fuller Co has a 12 month low of $41.26 and a 12 month high of $59.58. The company has a quick ratio of 1.48, a current ratio of 2.25 and a debt-to-equity ratio of 2.03. The firm has a market cap of $2.36 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 0.79 and a beta of 1.46.

HB Fuller (NYSE:FUL) last issued its quarterly earnings data on Wednesday, September 26th. The specialty chemicals company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.04). HB Fuller had a net margin of 4.14% and a return on equity of 13.41%. The business had revenue of $770.11 million for the quarter, compared to analysts’ expectations of $784.75 million. Analysts forecast that HB Fuller Co will post 3.11 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 1st. Stockholders of record on Thursday, October 18th were issued a dividend of $0.155 per share. The ex-dividend date of this dividend was Wednesday, October 17th. This represents a $0.62 annualized dividend and a dividend yield of 1.33%. HB Fuller’s dividend payout ratio is presently 24.80%.

A number of research firms have weighed in on FUL. Zacks Investment Research lowered HB Fuller from a “hold” rating to a “sell” rating in a report on Monday, November 19th. Deutsche Bank lowered their target price on HB Fuller from $62.00 to $60.00 and set a “buy” rating for the company in a report on Friday, September 28th. Robert W. Baird lowered their target price on HB Fuller from $60.00 to $55.00 and set a “neutral” rating for the company in a report on Friday, September 28th. Finally, ValuEngine lowered HB Fuller from a “hold” rating to a “sell” rating in a report on Friday, September 28th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $61.00.

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About HB Fuller

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.

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Institutional Ownership by Quarter for HB Fuller (NYSE:FUL)

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